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Getting Ready for Ambac Financial Group's Earnings Announcement; ABK FNF RDN PMI
Monday, 10 May 2010 03:20

onday, 10 May 2010 03:20
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Ambac Financial Group, Inc. (ABK) [Chart - Analysis - News] is scheduled to announce earnings before the market opens on Tuesday, May 11st. Looking at the analyst consensus, it appears most traders believe ABK is going to announce a loss of $3.30 per share.

Comparing the consensus estimate with ABK's loss of $1.36 per share a year ago, you can see that most analysts believe the company performed worse this year than it did last year.

As you prepare for ABK's announcement on Tuesday, remember that a loss of $3.30 per share has already been priced into the value of the stock. So if earnings come in at that level, we probably won't see much change in the price of the stock---unless the company changes its outlook for the future. It's also important to remember that good earnings don't always lead to higher stock prices.

ABK has lost 29 cents (17.37 percent) during the past week and is currently trading below its 20-day moving average but above its 50-day and 200-day moving averages.

Investors will also be evaluating other stocks in the Surety & Title Insurance industry as ABK announces its earnings to see if any of the same factors that are influencing ABK may also come to bear on those stocks.

http://www.learningmarkets.com/News-Feed/2010051021223/getti…
 
aus der Diskussion: AMBAC REBOUND- Ratings, Analysen, Charts, News
Autor (Datum des Eintrages): Aktientitan  (11.05.10 07:18:53)
Beitrag: 100 von 133 (ID:39496601)
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